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A trader is a market capitalist who studies the direction of assets with the aim of taking profit based on changes in the price of the asset or assets. A trader is a reader and a studies. Anything outside reading and studying (research) is plain gambling. A trader can be positional, swinger, scalper or eventually trader. We can still group traders based in the tool the use in making prediction. Fundamental traders deal on news and technical traders deal on tools made available to spot market trends , peaks, direction and state. A good trader keeps emotions far from them when making trading decisions. Trading is fun but the risk is no respected of anybody not even the pro-traders

You can not group traders in this way. A good trader must know how to do both technical and fundamental analyses. They are both important.

What you can group traders in are scalping, swinging, day trading. It goes as far to arbitraging and P2P. There may still be others.

I am just confused with your post title and looking at the body of the post, I don't know if I should start arguing or discussing about the formats of a good trader.
Mindsets of traders is as simple as expecting every of their trades to be profitable to them and a good trader must be studious about the coins trading on and must learn to discover personalized a good trading strategy.

Mate, trading mindset and types of traders are two different things.

The trading mindset is when a trader understands when to buy and when to sell. This comes after years of practice and observing the market cycles. If they are logical enough they will gain this mindset in a few months time and when that happens they will no longer panic or drool during a bear or bull cycle respectively.

Also try not to post here using a translator, it is better to make posts in native language.

I do not agree with you, trading is not only related to knowledge, otherwise people who undergo intensive courses and deep knowledge of technical analysis are supposed to achieve good performance in trading and without a loss record/wrong orders.

Trading is related to risk management and related strategies, some trading strategies are low risk in the long term and some are more risky, your knowledge of these strategies and assessment of risk levels is what prevents you from losing.

A trader is still a trader, even if they’re not successful, as long as they’re actively trading. Same goes for gamblers, even professional gamblers who consistently win are still categorized as gamblers.

The only difference is the strategy. Everyone has their own approach in trading, but some strategies work, while others don’t, and that’s what separates the winners from the losers.

If you are a trader you need to consider the market situation whats the current trends now ideal to seek a token suitable for your trading habit and make an analysis of the next price action if its good with your trade or not. Always manage the risk by having a good leverage and a possible entries and ideal to make stick with plan if you have, of course you will have no one want to fight in a war without a weapon. As long as you can get a profit with the market you are still an effective trader.

Tell this to many traders that until now are emotional. It's easy to say that they shouldn't be emotional and remain focused to what they are looking for and that's with profiting through their trades. They cannot profit if they are emotional and have a different mindset than what you have mentioned.

It is fun when you know what you are trading and the strategies that you are applying. But the risk stays and it is only reduced based on the knowledge and experience that you have gained.

And again there is always conflicts evolving the market which brings about the evaluations of demands and supplies based on each coins fluctuations.
So it is also important to have dynamic trading strategies so you can always resolute drastically with the market sentiments in other for you to apply suitable strategies according to the current treds that is to bring you profits.

Yeah, this is what most of the users have noticed in the room. IDK why there are lots of them lately. Is this the new narrative? ;D . Anyway, I think what matters the most is the body or the subject of the thread. There is no need to argue mate, as/and I think you already did that earlier. So, all you have to do now is to discuss the formats of a good trader.

Yes and who doesn't want to win their trades anyway? As that means profit but it is just that not all of them are good. They also have this poor mindset of being greedy to ignore even the most important things like studying. When it comes to trading strategy, indeed that it usually comes from within and not just from someone else. If we found something, we must learn how to personalized it, tweak or modify, it because it can surely perform much better whether it is already performing well or not yet.

A trader is someone who thinks that they can predict the future outcome, and people have their own ways like analysis using different indicators or simply based on the news, etc. There's no right or wrong here cause we are dealing with the prediction so as long as they make profits from whatever method they follow they're considered as right one even if they are blinding taking their positions on random basis.

I just want to add that this knowledge will only help you to determine the probability; there's no guarantee that you can predict where the price goes. Trading is extremely risky,, and the market is extremely volatile. If you do not learn how to manage risk, you may lose your capital.

Even if we study them deeply in technical analysis, the result is different without trading experience. That is why people always said that we can only improve if we experience some mistakes.
So, as a newbie or beginner, I always suggest that every time you learn something new in trading, always do it in paper money when trading or do it with a small amount that you can afford to lose.
Experience is what you need to improve any strategy that makes you profitable trades.

As a newbie and I write this respectfully, you show focus at this time on reading than on creating new topics. When you read, you will learn how others structure their topics and passage the message or create discussions points to be deliberated on. And this is something that you missed out on in this thread.
Your topic is not well structured and I am getting confused as to the exact point which you are trying to make.

To be really successful in trading, you need to take into consideration the technical and fundamental aspects of the market. Traders who solely concentrate on technical analysis have a lower chance of success; similarly, traders who concentrate on fundamental analysis alone.

They are both important and should be considered.

Seriously the traders mindset is kind of different from what you're saying tho you might be abit on point cause a situation whereby a trader doesn't read or study but have a good positive outcome in his trades what do you specify that person as? But what I think is a trader needs all it takes to be successful but most importantly he should know when to take huge risks and make necessary decisions because there usually be a change in the market predictions and your decisions matters at this point, and again having the right information matters alot too.

If you are a good trader, you know exactly what a trader’s mindset should be. You don’t only focus on fundamentals and technicals, but in general you do focus on trading as a business that gives you active and passive income. More than that, trading is a continuous learning process, so a good trader should never stop learning even at once, but will continue to grow and develop more, and make sure to manage high emotions in order to come up with rational decisions, and not just chasing quick gains due to one’s excitement to experience profits.

Emotion and psychology control is more important because it decides what you do in the market with your money. Like if you don't have too good knowledge of fundamentals and don't have good technical analysis capability to assess one project, you can still avoid joining it, assumes as a scam project, by being careful and avoid being too greed.

It's emotion and psychology control, that matters a lot for your action in market.

For learning trading in cryptocurrency market, I can share.
Awesome crypto trading. (https://github.com/SpiralDevelopment/Awesome-Crypto-Trading)
Learn crypto trading. (https://github.com/learn-crypto-trading/learn-crypto-trading.github.io)
Stop loss, one of best weapons in trading. (https://bitcointalk.org/index.php?topic=5173189.0)

Some people are also unaware of the risks they will face.
They just do the analysis, make trades according to what they understand.

Knowing how to do risk management to avoid bigger losses will be very helpful in the trading process.
Not only the mindset of a trader, but also as an investor knowing what risks will occur will be very helpful in determining the strategy to be used.

It is also related to the psychology of trading, as every decision will affect the final outcome to be achieved.

That is why you should learn deeper about trading so you know what you need to do based on the current situation. You can not trading without making analysis because that can lead you lose your money. If you can analyze the market before you trade, you will see the chance to make a profit. You will know when you enter and quit trading because you can see that from your analysis so you can directly act according the situation.

A good trader will control their emotions and not involve it in trading because that can disturb their analysis and make them difficult to decide. Trading is fun but they know how to handle the risk not to become big.

Trading is about knowledge converted into experience, and said experience - into profit.
However, emotions sometimes block the potential of your sessions - they may help in some situations, but mostly, they push you toward acting irrationally, which is bad, of course.

Excessive emotion destroys your hard work. You need to be experienced to use the knowledge of trading. Experience gives you profit. I myself spend time and activity by observing the market for trading. The situation of price decline makes you emotional which should be converted into patience.

What's the mindset of a trader whenever he or she opens a trade? For newbies, they will panic since following the unpredictable and fluctuating movements of the market. This system have been designated for everyone to trigger loss. The space is vast, it contain vital details and not every trader have accessible path to these numerous information. Perhaps experienced traders understand the market and can boldly control the odds of losses and profits. In the first place, do you know what you're signing up for before you trigger a button to trade? Traders entirely differs in different sectors.

We have longterm traders and scalpers, they're only in the system to accumulate profits with small time frame, they have no desire to extend their trading time frame because printing green candles is all that matters to them. While the longterm traders are mostly investors, they trigger a trade and wait patiently for days, weeks and probably months to close the trade which will either end in profits or losses.

No one should go into trading without proper research and good preparation. And once you’re a trader, your emotions should never go beyond your trading decisions, and I think you know it well OP.

However, the best mindset that I can share being a trader is that, make your commitment to becoming a potential and productive trader and be committed to it. If you can make it happen, there’s no reason that trading outcomes won’t be successful. Just trust yourself, and trust the process.

Traders think deeply and find ways that help them survive and earn profit. It doesn't mean that because we have knowledge and skills, we become successful. I say no because the market has never been on the same trend as today or yesterday, and we can still use our strategies from the past. Adjustments are necessary, which means that it varies depending on the situation. A trader is not just a simple trader who just knows how to buy and when to sell, but also more on perspective and advancement.

Successful traders have mindsets that are far different from those of casual traders. They remain proactive and calm despite the troubling situation of the market.

It's not as easy as it seems, maybe. You are right about knowledge and skills not meaning to make it easy for us to gain profit, but maybe it will make the journey a little easier. Because there are so many factors that influence it all, so we have to really understand it as a whole, not just know it from the shell. Momentum and sometimes luck will be a big influence. Because sometimes when we have analyzed well but if the market is not friendly, the result will make us lose.

In essence, knowledge is needed to become a better trader because with knowledge we can group ourselves have advantages where. Trader experience is not produced by a short time because it takes a lot of experience to make them as professional traders. Emotions will be controlled if someone has knowledge and experience because that's the trader in increasing the skills in trade. This is not easy to get because usually the trader will stop because it suffered continuous losses if it does not have a strong mentality.

It's not easy to be a professional trader because it might need a lot of knowledge to make them more experienced. Fundamental traders and technical traders have similarities in controlling emotions because they understand when the right time enters the market to be involved in trade.

those traders making it from trading right now have a good intentions towards crypto trade, and they have lost in trading so many times before they began to experience the knowledge and strategy to become master in trading.

If successful traders open their mouth to tell you some of the challenges they went through to begin to get it right to become master in profit earning, you will agree with me that trading is not easy to make profits without having the knowledge of trading. Just make sure you have money to be financing your trading because having the knowledge alone is not enough for you to earn profit from trade without using Money to buy those coins to trade.

There are traders that don't take note of market changes, they are just interested in flipping their capital. Some succeed with this while a lot of people don't get lucky. People like this are the reason why some beginners classify trading as gambling because there are no analytical steps taken. Real traders that study the market can take a week to draw trend lines to properly strategize on their trades before taking taking the next step. Those that understand the market and have developed their skills overtime are patient and disciplined, real trading is different from gambling.

Traders who are able to change emotions into patience are extraordinary traders and of course have enough experience in the market. Because such people are able to face unusual situations calmly enough so that they may not be victims of losses from falling coin prices in the market. In addition, such people will usually get more profit when trading because they are not too hasty in selling coins that they have previously bought.

Only experience is not enough but initial good capital management is more important. If you start with bad capital management, you will mostly live with fear of what will happen tomorrow with you, your financial need and uncertain future of your investment portfolio or your trading position.

Uncertainty is start of many bad things and can affect your emotion in short term and psychology in long term. It also affect your decisions when you are no longer certain with what you're doing. In a high volatile market and existence of leverage, futures tradings and with market squeezes and liquidation, you can lose initial capital very quickly.

I believe it depends on how much the risk appetite a trader should have. That’s the best way you could arrange to analyze what trades mindset should have depending on the amount of risk they are willing to take. Someone with a high tolerance for risk has a different mindset from someone with a low-risk tolerance, and they are very different. The one with the high risk is probably the gambler mindset.

Regardless of what kind of trader you are, if you don’t know how to manage your losses that comes inevitably, you will never make it and won’t be a successful trader in the end. Being a trader requires passion and resilience, and should be a strong-hearted as well that won’t quit easily due to consistent mistakes and losses. Now if you can do that, rest assured you will make it big with trading.

Kinda bad advice, without the whole picture.

See, passion and not quitting can be easily confused by traders with addiction. The will to stay at your computer 20 hours a day, the will to keep depositing even when you lose and lose again. The will to do nothing but trade. That's actually easy to do once you're addicted.

The discipline to stick to your strategies. To allow trades to exit as per your initial strategy. The will to not deposit again when you lost your monthly capital so you don't lose what you can't afford? That's the right mentality you want.

Know the difference. Between gamblers mindset and traders mindset.

Definitely true on which trading skills isnt something that you can be able to learn in a short period of time and this isnt something that you can be able to obtain easily. This is why self discipline, emotion control, awareness of actions and other correlated aspects. When we do speak about mindset then it does need up that kind of mentality on which you do need up to have that kind of perseverance and sustainable kind of approach because if you would be stormed out by  tons of loses then you will be thinking up on quitting specially if you've been able to blown up your entire trading capital. It is really that very hard on controlling up your emotions and this is a primary problem by individual at the moment that they've been dealing up with this volatile world. Just dont make yourself having that kind of mentality that you do need up to cope up immediately or able to learn up such skills, because if you do have this kind of approach then you will definitely be thinking up too fast on which it will be causing up that tons of mistakes. Never be that too optimistic or being that positive about making money because money or profits will flow or come through if you have that able to enhance your skills well but of course this wont be that so simple and it does takes time and tons of efforts. This is why tons of traders or new ones will really be having that kind of easy giving up situation at the time or moment that they do face up some loses or they do seem that they cant be able to make it.

When I see the topic of traders mindsets, I want to not expect to see what I saw because a trader's mindset simply means a trader knows when to invest and when to sell, which, in a deeper explanation, I was expecting to see something like discipline, risk management, adoption, patience, resilience, objectivity, and many others.

But all I ended up sending is you differentiating traders with a good one. Most have what it takes to be one; that is why you can’t be a qualified and successful trader in a short period of time. You need a lot of knowledge and research all together to be one. So next time you want to create such topics, try to include the necessary information and details needed.

I am a trader and I have been trading for over 5 years now. My strategy is to buy low sell high. I do this by looking at the market trend and buying when it's down then selling when its up. This way i make profits without much stress.

All traders certainly have a goal to achieve, which is profit, this is what really differentiates it from gambling, because the goal of gambling is to seek pleasure. Every trader must go through stages, the initial stage of loss is certain. However, from these losses we can learn to be better and of course in the end will become a positional trader, swinger, scalper as you mentioned.

So actually in trading, the most important asset of a beginner trader or a professional trader is not their money, but their mindset. Because mindset is a collection of attitudes in carrying out trading activities both in terms of views, philosophy towards trading itself. So even if you have any capital, if your trading mindset is chaotic, it's just a matter of time before your capital runs out or you will definitely go bankrupt.

One thing I understand about trading is that we all have different mindset and different perspective as well as different strategies and just in a lame man understanding you would know that a trader is one that beckons on its profits and they are very intentional in making sure it's profits or nothing and mostly the losses generated always poses alot of threat to their results so then they look for means to make sure it doesn't which includes involving in anything beneficial and making research can be one of them no doubts.

As the theory expresses we all have a strategic approach and perception to trading this is made up of experiences, information and objectives. Of course there are profits on the table and this is a straightforward calculation, but the successful path and achieving consistency is very much about minimising losses but being fully aware of each decision. It is an inherent that for those who are very serious in continuing to come up with ways on how to obtain more information and how to look for other efficient ways to sustain its existence, caution is all part of it. This means that although there is no indication that promises to be successful in every step of the process, all these challenges can indeed be met with better preparation.

Obviously, you are trading on the spot market, where the risks of losing your money are much lower than on futures. But what about those tokens that were bought, as it seemed to me at the minimum price at the time, and for the past 8 years have not even come close to the purchase price?

Traders vary In cause of distinction,results,ideas/perspective, understanding and also interests.Perhaps,Not all traders get the same results at the end even with having professional objectives.
They're probably doing almost the same thing generally to make money for themselves,the only thing is the difference In accountability, patience,and their discipline.Traders are confident people and strategic thinkers all along.

All that matters in the end is green PNL for people on the market.

The rest is history and personal preference, though, of course, a patient and disciplined trader is a better one.

Yes, buy low and sell high is also my reason to trade. But that will not easy to get the low price every time we trade because we may miss many times a good chance to buy low. But as a trader, we have many times to check the market and get the low although that is not the lowest price but we can be glad as we can sell it when the price reach the high price. Yes, buy when the market trend is down will be a good decision and we just need to wait for a while until the market trend is up. We will make a profit from selling that coin and if we can do over and over, our profit will be bigger. But we must be careful because not all time the market will be good for trade so we must always check the market situation and analyze it before we trade.

Yeah, trading even with the amount of studying and analysis you do is still a really risky venture. It's no surprise even why people just consider it in general gambling since, well, even with all the knowhows, it can still seem like it's just gambling. And if you lose money even with said analysis, then heck yeah they'd say it's gambling.

Personally, I just gave up on it and just went to DCA. I do some light buy low sell high on some shitcoins I find occassionally but I never really spend THAT much on them, like ever. Rather than trading it's more like gambling most of the time.

Trading strategy is very simple, buy low and sell high, but it is not that easy. The market is very difficult to predict, this is where you need information and can control emotions. Have you ever felt that every time you sell low, the price goes up. Every time you buy high, the price goes down. So, the mindset of buying low and selling high is very difficult to apply when you do not seek information and cannot control emotions.

It is better to buy and hold the value of any coin that has good fundamentals for the future with a long-term mentality. We should panic buy when the price goes down and never panic sell. Don't just buy when the trend is down, buy when the trend is up. The market depends on how people think, and the trend is how people think. Of course it is good to consider other things, but never go against the trend.

I think that is not what we called as strategy due to how simple it is. It is also easy but making a profit can still be tricky even for those that has a complex strategy.

There are still times that feels like someone is messing with us even though we already seek for information. This so annoying when it occurs.

That is a must if we are an investor but unfortunately we are talkin about trading here. Traders doesn't hold coin for too long. Panicking is not good but we can just take things calmly. It is better especially if we are organized. Buying when trend is up sounds like a DCA which is again popularly used by the investors but traders needs to buy low and sell to profit at a shortest possible time.

Usually I do not suggest DCA in the bullish market but in my experience, it is far better in the bearish conditions. When you keep adding at lower to low price levels, your average do get better a lot and DCA at bullish also will ensure that you will not miss the opportunity given that you have capital to spend. Regardless of your average buying price at both bearish and bullish markets if you are ready to hold for long period of time, you must be getting better returns which means your average price become completely negligible in this case.

Emotional management and risk management are very important for traders where as investors never need to bother these; they just need plans for DCA. Traders also may go for DCA but like you mentioned, profiting at possible shortest time frame must be more important and this case, DCA sounds complete meaningless in my opinion.

The trading world is evil for those who cannot take advantage of the falling knife, they will be hurt, but for those who can take advantage of the opportunity of the falling knife, they will be able to gain profit. All traders have different strategy patterns even though the goals they want to achieve are the same. Only mindset can make them successful in trading. Because trading reveals our true mindset and behavior. When successful in trading, besides making money, we will also understand ourselves and others better.

Trading opportunities will never run out, especially if you understand the market, if you are patient in waiting, and can control your emotions, then the opportunity will come and when the opportunity comes, run the trading plan with confidence.

Traders knows exactly what they signed up for and will go to any length to ensure they're making appropriate decisison that will suit their pattern in trades. The market is always open and also volatile for everyone that peaks interest in trading. I would say you better trade with effective risk management because I've seen good numbers getting humiliated and account liquidated because they've failed completely to adhered to instruction of the market. We don't rush trades when it comes to anticipating in the financial market, there's more things to learn because it never stops.

Talking about fundamental and technical analysis, which do you prefer? For me, I don't like engaging in stressing structure of the market which we consider to be technical analysis, it becomes more vulnerable for traders that find it difficult to catch up in the basis of the market, they're open and one step closer to continuously recording losses in every possible trades opened. While the fundamental analysis is quite simple, all you have to do is simply wait for the news, they're the latest trends you follow to get yourself equipped and ready to milk the market.

The strategy is indeed very easy to do by anyone but the extent to which the decline occurs certainly cannot be predicted precisely and spending more time checking market conditions will certainly provide an overview of the decisions we will make and when we believe that we have got the right time then we can buy it to be able to make a profit when the price recovers but in this case we must still be able to control ourselves not to be greedy and if indeed the profit we want is enough then we can take advantage because if we have a target that is indeed unreasonable of course the profit we have received can be ignored because of our own mistakes and also greed in trading.

Every trader can never be profitable and we need to understand that trading is not for the weak that do have the mind set that they can always make money from trading without any skill since they have been watching different traders online and know how to maneuver the market with other people's signals. Self dependent is the most important skill we can have when we are in a critical situation. We can always make decisions but when we don't have the self dependency, it would be a big problem to be making profits in the market with another person's signal. It is better to learn how to fish than to just depend on anything that comes our way.

We know that everyone wants to make a profit but at the same time you have to make up your mind that it won't always happen the way you want it and this is why a lot of people have given up on trading and the fact that trading is not for the weak it comes with a lot of responsibility and not everyone can handle does responsibility and there days that you will make money and there are days that there is nothing for you so the earlier things like this are understood the better because we can not be wondering all around about what we want it to happen just like that.

And if you see people that want to make money by force they always want to do everything possible to be able to make a profit and this is where you see them even going to the extent of signing up for signals and other things we know how it feels when you invest in something and you are not getting returns it becomes more and more difficult to cope because your attention will always be on profit and some wrong steps can be taking.

we know how things make people feel and what people don't understand is that it is normal to actually fail, and when you fail you can always try harder but people will want to recover the money they lost which is a very wrong step.

Yes I agree with you..
Traders shouldn’t be grouped that way.. the right order is grouping them as scalpers, Day traders and so on..
Even those using p2p as you just mentioned are also traders as they also have little impact in the reduction and increase in asset value of the market..

Well said, your knowledge has to do with the terms in the market, market structure understanding and all other theories... these are things that you can read about and easily understand within a few months of learning, but having knowledge isn't enough to make you a good trader, like you explained, risk management and strategy development is of vital importance...some people have the knowledge but they don't know how to apply it, having the knowledge isn't enough you must be practical with it as well.

Plain knowledge without practical application is too far to be regarded a trader. Skills and effective strategies are way more important. So if you plan to maximize your knowledge as a trader, do not just stop there, but develop skills and risk management plan ahead so that you can reduce the risk from losing and increase the potentials of winning.

Trading does not only require knowledge, but skills and experience matter the most.

That's why having years of experience in trading matters because a veteran can't be compared to a newbies, there's always going to be a difference when the both of them are making trading decisions. A newbies will be more interested in making money without considering his defence steps that'll help protect his trade.

Meanwhile the professional that has been trading for longer period will prioritize his stop loss by making sure, he has added it to all the trades that he's making because he knows the importance of the stop loss to minimize losses which is as important as making profits. A trader mindsets has to be balance always between profits and avoiding losses because sometimes it's the losses that you avoid that's the real victory and not how many trades you won.

Not only that, experience is also converted into knowledge and it's not a new thing for traders,as in professional traders.A trader's experience becomes knowledge for him in the sense that lessons, reactions are made and taken from moving from mistakes to structured approaches.
For a better trading experience,our experiences in trading should be intentionally studied because it remodifies and teaches the brain to pick up the absolute trading signals.

I never even group traders into groups even though there are also those who often use P2P every day to exchange one coin for another. Because basically they are all people who are trying to make a profit so things like exchanging and selling certain coins for other coins are actions to maximize the profit they will get, whether it is daily or weekly and so on. So I think those who work as traders should not be grouped even though we can make certain groups for them, but because the goal itself is the same, which is to make a profit, so I never make any groups for them.

Actually, Newbie and Veteran are not reasons. But the different of them is what they started it for, what their strategy is and what their final plan is (IMO). Newbies who come by learning how to trade, then they can be considered to have enough knowledge to become traders. However, if they come because of fomo, they will not focus on their trading, because their mind s only instant profit like you said. Trader like this, can be considered as newbies, even he already trade for year or more.

Have bad debut is truly bad but it does not mean your adventure will be bad and end terrible. It depends on what you will do after your debut as there is enough time and many changes for learning and doing corrections that if you can do early and properly enough, you can convert bad start to something better.

Start trading without knowledge is bad, do it with learning and knowledge at beginning is better but not enough because if knowledge can be easily applied so that all traders in this market are able to get profit, it's no longer a dangerous market in which more than 80% of traders are losers. There is another vital element for success in trading, your experience and you can get it through preparation with demo trading.

If you spend enough time for demo trading, it can help you have better preparation but remember that trading in Demo and in Real accounts are very different. You will have more pressure, emotion and psychology will be affected by the market more with Real accounts and your money than with demo account and demo trading.

any good resources or books on this?

One key thing a trader must understand also is the right frame of mind and a trader must not has the mind of a gambler, a gambler wants quick rich money and profit, while an investor have measured amount to be taken in a given time.

A trader must have the mind of an investor, an investor what's money but he puts up structure s to getting this money for instance, while a gambler is putting a little coin to get plenty coins an investor is using a  measured amount of money to get a measured amount of money at a given time.

Mind you that demo trading only lets you and as far as removes the fear in you as you face the market movement over time thereby decreases the intensity of market structure and indication in a user, whereby real account is to be taken slightly little by little amount to embark on the journey of trading it that's a sure source of income by a true trader.

No matter how we classify and group these traders, it doesn’t change the fact that they are all one people with the same goal: to take advantage of cryptocurrency price fluctuations and make some profits from it. The difference between them all is the approach or strategy they use to ensure they get these profits and how they are able to effectively manage the risks of losing too much.

What every trader should focus on is how to broaden their knowledge, how to master the art of trading without involving too much emotion. Their ability to understand that losing is normal and there’s no need to grieve over losses is something that must be known.

 I guess the words trader should be classified to those that truly involve themselves as a true trader and does all the requirements to be called and known as one cause the rate at which anyone can signify themselves as a trader wheras they are not by virtue of this characteristic is so alarming cause merely a trader will always think out of the box and with that he's subjected to learning which involves reading to know how to be profitable and successful in trades bit so many others don't posses this attributes but then they call themselves traders.